Designated Delayed Advance definition

Designated Delayed Advance. The meaning specified in Section 2.2(e)(i).

Related to Designated Delayed Advance

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).